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Real Estate Economics articles from June 1996
This journal publishes articles on real estate related topics, including covering homes loans and economic reports for developers, builders, finance companies or homeowners.
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Real Estate Economics archives from June 1996
What have African housing policies wrought?
June 22, 1996... This paper examines the economics of urban housing policies in contemporary Africa. Specific policies considered include public housing, sites and services, neighborhood upgrading, regulation of housing markets (particularly rent and interest...
Evidence of racial discrimination in different dimensions of owner-occupied housing search.
June 22, 1996... Racial discrimination continues to be a considerable problem in the United States housing market (Yinger 1991). Earlier empirical research was confined to measuring the extent of discrimination indirectly by means of price differential studies...
The dynamic impact of unseasonable weather on construction activity.
June 22, 1996... Weather has potentially two distinct influences on construction. There is, on the one hand, the seasonal effect. Housing starts and completions have strong deterministic seasonal components, and casual empiricism suggests that the adverse effects...
The role of principal-agent conflicts in the 1980s thrift crisis.
June 22, 1996... A review of the events surrounding the thrift crisis suggests that much of the approximately $150 billion present-value cost to taxpayers can be attributed to principal-agent conflicts within the thrift industry - conflicts between creditors and...
Explaining intermetropolitan variation in housing prices, rents and land prices.
June 22, 1996... Although it is well-known that housing prices and rents vary dramatically between metropolitan areas, the reasons for this are still not clearly understood. In 1995, for instance, the median selling price for an existing house in San Francisco...
The bootstrap efficient frontier for mixed-asset portfolios.
June 22, 1996... How much in real estate? Fogler (1984) concludes that the minimum real estate allocation in mixed-asset portfolios should be in the range of 15% to 20%. Webb and Rubens (1987) believe that real estate allocation should be at least 43%. Webb,...
Determinants of industrial property value.
June 22, 1996... The sources of value of real property have been a central focus in real estate research. Empirical work, however, has been complicated by measurement problems. First, there are no unique measures of the hypothetical determinants of value....